Port of LA Approved a 30-Year Lease With Yusen Terminals, Enabling Additional $200M Investment in Zero-Emission Equipment and Vehicles

On August 27, 2026, the Los Angeles Board of Harbor Commissioners announced it approved a new 30-year lease with Yusen Terminals, extending the longtime Port of Los Angeles marine terminal operator’s agreement through 2056 and supporting an additional $200 million investment in zero-emission cargo-handling equipment.

Yusen Terminals has operated at the Port of Los Angeles since 1991. The terminal covers 232 acres at Berths 212-224, north of the Vincent Thomas Bridge along the Port’s East Basin Channel. The company actively participates in multiple Port clean-air initiatives and maintains strong partnerships with communities throughout the Los Angeles Harbor area.

“We greatly value our longstanding partnership with Yusen Terminals and the role they play in the success of our Port,” said Port of Los Angeles Executive Director Gene Seroka. “Their commitment to excellence and willingness to work closely with us have been invaluable, especially in advancing our clean-air initiatives. When we called on terminals to test and incorporate zero-emission equipment, Yusen Terminals immediately stepped up.”

Yusen Terminals President and CEO Alan McCorkle said the agreement provides the company with the long-term certainty needed to continue investing in its terminal, workforce and new technologies while maintaining reliable service for customers.

Under the approved lease extension, Yusen Terminals will invest an additional $200 million in zero-emission equipment over the coming years. The investment builds on the terminal’s ongoing transition away from conventional cargo-handling equipment and toward cleaner technologies.

Yusen Terminals currently operates a range of zero-emission and hydrogen fuel-cell equipment, including electric top handlers, forklifts and yard tractors. Expanding the use of this equipment can help reduce diesel consumption, tailpipe emissions and air pollution associated with cargo movement at one of the nation’s busiest ports.

Yusen Terminals is owned by Ocean Network Express (ONE), one of the world’s largest container shipping companies. Its operations at the Port of Los Angeles include stevedoring, terminal operations and specialized cargo handling.

Yusen Terminals will celebrate its 35th anniversary at the Port of Los Angeles later this year. The new lease ensures the company will remain a long-term Port partner while committing significant additional capital to the continued electrification and decarbonization of terminal operations.

EVinfo.net’s Take: Why Port Electrification Should Be a Priority

Ports are major economic engines, but they are also significant sources of diesel pollution. Cargo ships, trucks, cranes, yard tractors, forklifts and other equipment can operate around the clock, creating concentrated emissions in nearby communities.

Electrifying port operations should therefore be a major priority. Replacing diesel-powered cargo-handling equipment with electric alternatives can dramatically reduce tailpipe emissions while lowering noise and improving local air quality. Electric equipment also delivers lower operating and maintenance costs because electric drivetrains have fewer moving parts and do not require conventional engine maintenance.

Port electrification also supports broader transportation and climate goals. As ports invest in charging infrastructure and zero-emission equipment, they create demand for clean-energy technologies, batteries, electric vehicles and skilled workers.

The Port of Los Angeles and other major ports are demonstrating how these investments can move from policy goals to real-world deployment. With billions of dollars in cargo moving through U.S. ports every year, electrifying these transportation hubs can deliver significant environmental and economic benefits.